Thursday, November 21, 2019
Why did the Renaissance occur Essay Example | Topics and Well Written Essays - 1000 words
Why did the Renaissance occur - Essay Example About this era, historians hold two different opinions like it was either extension of Middle Ages or dawn of a new era. The Renaissance age is known for new thinking and creativity. Between 1350 and 1550, the classical period of Europe was revived to a large extent. The cultural activities that occurred during Renaissance were mostly motivated by the Greco-Roman civilization. The Italian Renaissance was not just limited to the accomplishment of Italians artists and intellectuals but rather was reflection of the upper classes that comprised only small proportion of the European population. However, the impact was equally strong on the common people especially in the cities where the cultural movement was most prominent (Spielvogel, 340-341). Birth of Renaissance As already mentioned, Renaissance is essentially a literary movement of the upper classes. Writers from that era especially Petrarch, had held an indomitable passion for ancient Rome including classical architecture, art and especially the Latin language. He attempted to emulate ancient Romeââ¬â¢s literary men like Cicero who was highly fluent in the language. His passion for the classical era was so engrossing that he even tried to dismiss the span of hundred years between the Ancient age and Renaissance era. According to Petrarch, that era that he belonged was more an awakening of new age than Renaissance which means rebirth. In order to study ancient Rome, Petrarch introduced curriculum termed as studia humanitates which included humanism as philosophy. Humanism is not just a philosophical or religious concept, but basically ââ¬Å"an attitude toward learning and toward lifeâ⬠(Wiesner et al., 248). This new approach slowly spread from Italy to other parts of Europe like France, Germany and Spain, and this was the birth of the Renaissance era. Renaissance was not a singular event like the French revolution and occurred over a period of two centuries in various parts of Europe (Wiesner et al., 248-249). The impact of Renaissance is not only restricted to literature and art, but also equally on language with humanist schools adopting Classical languages like Latin, Greek and Hebrew in their curricula. In northern Europe, humanists focused on bringing back the faith and morality in the values of the Church which got lost mainly after the Black Death tragedy. For many historians, Renaissance era was continuation of the Middle Ages like family remained the most important social recognition of an individual. Moreover, in spite of people becoming more materialistic, religion remained an important aspect of lives of both elite class and the common people. For instance, although artists began to get their true recognition worthy of their skills, they were still expected to pay taxes like other common people of the community (Wiesner et al., 269-270). Slavery which was a common practice in the Early Middle Ages but ceased in the eleventh century was revived during the Renaissance era more because of lack of workers after Black Death. The import of foreign slaves was legalized in the Italian city Florence (Spielvogel, 345). Renaissance happened as a result of reverence for the classical era mainly ancient Rome, and in the fifteenth century the humanists began to focus on Greek philosophy, art, architecture and literature. Renaissance culture was essentially a result of product of emulation of the classical philosophy and literature (Wiesner et al., 249). The birth of Renaissance era also happened from a shift of social perspective. In the medieval age, family was considered the smallest unit of society, and it was the group efforts and accomplishments that emerged as popular rather than individual successes. Even objects of art were attributed to group
Wednesday, November 20, 2019
Take a position by answering-is it possible to define and measure Essay
Take a position by answering-is it possible to define and measure happiness - Essay Example The desire to understand and seek happiness has been profound among individuals and scholars like Plato, Aristotle and Mills. To prove the complexity of happiness, all the scholars had different views which make happiness a mystery. In his article Critchley (449) asserts that there is no clear definition that fits the imaginable aspect of happiness. He asserts that happiness can only be measured when certain conditions are met. The conditions, described by Rousseau state that a happy person should not be bound by anything including time, no consideration of the present nor the future, and no pain or pleasure. This implies that with absence of any of the imperatives, then a person cannot be described as happy. Consequently, happiness cannot be explained by science theories that may attempt to lay measurement criteria (Critchley 450). In the real world, the requirements of happiness as described by Rousseau cannot be achieved, this is because the world is fast changing and the people a re often time conscious. A person minds more of the present and the future by carefully managing his or her time. Death is unforeseen and thus there cannot be a guarantee of continuity of existence. As such, measuring happiness proves to be a difficult task. In the subsequent arguments, Critchley asserts that human beings can be considered happy if they attained the status of a super being like God, where all the factors that define happiness are present. However, this status cannot be achieved in a contemporary world. Trying to understand happiness reigns in day to day activities of people. People try to lay their own definitions of what happiness might be and try to work towards the objective. These arguments can be in form of gaining property and wealth, positions in the social and political quarters and also fame. However, all this pursues do not guarantee happiness. One would argue that a wealthy person is happy! The answer would definitely be no. This is because happiness cann ot be created out of wealth rather it can be created from the satisfaction that one gets from wealth. In addition, Mill explained that the more a person tries to gauge how happy he or she is, the more he or she becomes confused. This leads to enlightenment that happiness cannot be measured by material well-being of a person. As such, probing the definition of happiness will always make people unhappy due to extreme requirements of happiness. In the current world, happiness cannot be measured due to the ever changing economic and social conditions, that is, what seems to be a happiness parameter is quickly eroded by the dynamic world. This is because the current justification of happiness has been inclined on material welfare of people that than satisfaction of the soul. Doctors have claimed that the genetic composition of a person can show the level of happiness (Kingwell 414). This has been brought about by scientists who believe that genes can bring a smile on a person. Maybe this is true; however, smiling may not be regarded as happiness. In one way, smiling can be used as an indicator of happiness, in the other way; smiling does not always imply that a person is happy. This is because it can be faked to fit an occasion. According to Aristotle, happiness can result from living an honorable life. Mill also asserts that a dissatisfied human is better than a satisfied pig. This follows a series of
Monday, November 18, 2019
Developing service Assignment Example | Topics and Well Written Essays - 2000 words
Developing service - Assignment Example Focusing on this aspect, the report describes about how the various features of services can have an impact on the design and delivery of the proposed services. Besides, the report also analyses the proposed services on the basis of different service models and extended marketing mix strategies. The objective is thereby to understand that various aspects which needs to be considered in designing and developing the services at Derby Museum. How Would the Features of Services Affect the Design and Delivery of the Service and What Could Managers Do to Limit the Effects of These? The services provided by organisations are diverse in nature. They can determine the performance of organisations. However, designing and delivering of services relies on the features of services provided by an organisation (Pride & Ferrell, 2012). Since services are not physical, they are termed as intangible. Services cannot be touched and hence evaluating the quality of services becomes quite challenging to b e measured. The other feature of services is its perishable nature. It denotes that unlike goods, services cannot be warehoused for future purposes. Therefore, this feature of services can also be observed to have a deep impact on the overall performance of organisation. To be precise, as services are not perishable, it is hard for organisations to balance its supply and demand. Variability is the other vital feature of services (Wild, 2007). It is also known by heterogeneity which denotes that services provided by organisations are dependent on great variability being delivered by individual entities. The behaviour of people is quite challenging to control as it has been observed to fluctuate on a regular basis. Aspects such as work pressure, experience, knowledge and skills among other factors can further lead to variability of the services. Inseparability is the fourth feature of services. The creation of services is often observed as related with the consumption, unlike products and goods where production and consumptions occur at separate instances (Wild, 2007). As a result, in order to make intangible services more tangible for the customers, managers need to determine the way for effective service deliveries which can help to create a high degree of confidence among customers about the value of services. The tangibility of services arrives from profound personal interactions, clear communications and physical atmospheres where the business operates. Hence, maintaining a positive customer relationship, setting proper potentials and representing the organisation in acceptable manner by appropriate advent, approach and facilities can enhance the service quality for the proposed services of Derby museum (Fisk et al., 2008). Besides, managers of Derby museum can enhance customer satisfaction facilitating the involvement of consumers in the service delivery procedure. Regular communication with customers and frequent meetings can further help to establish ass urance towards providing quality assured and customer convenient services. In order to enhance customer satisfaction towards the offered services, the managers of Derby museum can focus on recognising the degree of personalisation required
Friday, November 15, 2019
Small And Medium Enterprises And Their Characteristics Management Essay
Small And Medium Enterprises And Their Characteristics Management Essay In the modern world economy, business transactions can be conducted within the same city, the same country, or even between two countries. The term of internationalization has been adopted by many researchers, for instance Bell (1995): A firms engagement in a specific foreign market develops according to an establishment chain, i.e. at the start no export activities are performed in the market, then export takes place via independent representatives, later through a sales subsidiary, and, eventually manufacturing may follow. Internationalization has become a significant research topic for business academics in the past forty years. A substantial amount of research has focused on multinational enterprises (Dunning, 1973; Markusen, 1995; Kogut and Zander, 2003), with a growing interest in the internationalization of small and medium sized enterprises (SMEs) (Oviatt and McDougall, 1994). Meanwhile small- and medium-sized companies (SMEs) have been believed to be significant in supporting economics improvement within a country (Mazzarol, Volery, Doss, and Thein, 1999). For example, in the Netherlands, SMEs account 98.8% of all private-sector companies, contribute 31.6% to Gross Domestic Product (GDP), and employ 55% of the total workforce (EIM Business Policy Research, 1999). Furthermore, obtaining sales outside their own domestic market is a goal of many small and medium-sized enterprises (SMEs) and their governments (Economic Development Board, 1993). This thesis will be concentrated on the process of internationalization of SMEs, and especially the barriers of internationalization and motivations for export activities. In fact, SMEs are able to develop abroad since nowadays countries all around the world have become almost indistinguishable in terms of cultures and institutional settings (Johanson and Vahlne, 2003). 1.2 Problem statement According to problem indication, this there for leads to the following problem statement; What are the barriers and motivations of internationalization with regard to small and medium sized enterprises? 1.3 Research Questions The following questions will be posed in order to draw conclusions with respect to the problem statement: What are the characteristics of small and medium enterprises? How do the enterprises internationalize? What are the challenges and drivers of internationalization? 1.4 Research Method and Data Collection 1.4.1 Research Method This thesis will use a literature study as the method of research. To be able to answer the research questions, the research method that shall be used is the literature study. To develop a theoretical framework, exploratory studies are used in this research. It is the most ideal type of research for obtaining a clear understanding of the phenomena of interest (Sekarana, 2003). 1.4.2 Data Colletion Most of the resources used are secondary data which is data that have already been gathered by other researchers in the past (Sekarana, 2010). So far the author has found several journals and articles discussing internationalization of small and medium enterprises as the main source of this thesis. Firstly, literature based on drivers and motivations of internationalization of small and medium enterprises were sought using several search engines such as Google Scholar, and also database such as JSTOR. The following keywords were used: Internationalization, SMEs, Drivers and Motivations. These keywords were used separately and in combinations with each other. Secondly, more literature, articles and statistical data were found from the internet. Google is used as the search engine. Finally, to determine the quality of the literature, it is important to look at the number of citations from other high quality journal included in this literature. Another way to determine if literature is trustworthy is by looking at the references. 1.5 Structure of the Thesis In the remaining chapters the structure will be as follows: Chapter 2 shall review and analyze some of the definitions of small and medium enterprises and their characteristics, referring research question Q1. Chapter 3 will examine the theories and the process of internationalization. In chapter 4, I will investigate the opportunities and barriers to internationalization. In the final chapter, conclusions will be drawn and the problem statement will be answered. 2. SMALL AND MEDIUM ENTERPRISES 2.1. Definition of SMEs There is no single, uniformly acceptable definition of a small firm (Storey, 1994). However, some definitions are very depending on criteria such as number of employees and turn over. In 1971 Bolton Report (Dawes Haydock in Frank, 1999) attempted to overcome the problem of small firm definition by formulating what it called an economic definition and a statistical definition. Under the economic definition, a firm is regarded as small if it satisfied the following three criteria: they had a relatively small share of their market place; they were managed by owners or part owners in a personalized way, and not through the medium of a formalized management structure; they were independent, in the sense of not forming part of a large enterprise. The Committee also formulated a statistical definition which was designed to address three main issues. The first was to quantify the size for the small-firm sector and its contribution to economic aggregates such as gross domestic product (GDP), employment, exports and innovation. The second purpose was to compare the extent to which the small enterprise sectors economic contribution has changed over time. Thirdly, applying the statistical definition, this allows a comparison to be made among the contributions of small firms in one country with that of other nations. Furthermore, there is a lack of consensus on how to define SME (Gibb, 1993; Curran and Blackburn, 2001) as each country defines SME differently. For example, in the US and Canada, SMEs are generally defined as firms with fewer than 500 employees. In Japan, different headcount ceilings are used for manufacturing (up to 300 employees), wholesale (up to 150) and retail (up to 50). In this thesis we use the classification given by the Commission of the European Communities (2003/361/EC 2003). According to the European Union (2003), an SME is an enterprise with fewer than 250 employees and a turnover no more than 50 million Euros or a balance sheet total of no more than 43 million Euros. Small enterprises employ less than 50 and micro enterprises less than 10 employees. 2.2. Characteristics of SMEs SMEs are always one of the remarkable subjects for the researchers. It may be distinguished from larger firms by a number of key characteristics. Researchers have drawn some characteristic for the SMEs. Characteristics often discussed as typical of SMEs are as followed: Limited resources (Welsh and White, 1981). A small and medium enterprise generally has limited resources, which means they did not have money to purchase the required machinery and to hire many workers. This is extremely true for new starts-up due to an absence or lack of track record on the firm to entice potential investors and bankers. Hence, it is highly dependent on the capability of the owner to generate resources. Informal management style (Kotey, 1999 and Slade, 2005). For small and medium enterprises, the management is usually informal. The owner has to do almost everything and employees are normally expected to be able to duty as generalists as there is no clear division of tasks. Flexibility (Aragon-Sanchez and Sanchez-Marin, 2005). The enterprise has more flexibility to adapt to changes in the environment due to its size and informal structure. It is also vulnerable to grow in the enterprise environment. For example, any changes in government policy or technology might have a strong influence on the firms since instant changes require additional resources or capital. This might become a constraint to the firms to compete and sustainà itself in the market. Dependence on individual decision makers (Feltham and Barnett, 2005). The firms are managed and operated by the owner. The entrepreneurs of the business lead the company and play a role as both employee and employer. The growth of the firms is determined by the owner. Decision making is commonly done by the owner. 3. INTERNATIONALIZATION Different approaches and perspectives have been contributed to the literature firms internationalization (Morgan and Katsikeas, 1997), and these issues have been researched over three decades (Etermad, 2004). For instance, a gradual perspective of SME internationalization is explained in the Uppsala Model, and the Finnish-POM Models (Johanson and Wiedersheim-Paul, 1975; Johanson and Vahlne, 1977). The other perspective is that SME internationalization is explained by an economic view (Dunning, 1977), and another view is described by a network approach (Kenny and Fahy, 2004; Majkgard and Sharma, 1998; Welch and Welch, 1998). The last view is described as the International New Venture perspective (Oviatt and McDougall, 1994; Zahra, Ireland, and Hitt, 2000). All these models are briefly discussed below. Of the gradual approaches, the Uppsala Model initiated by Johanson and Wiedersheim-Paul (1975) and further developed by Johanson and Vahlne (1990 and 1977) is widely used to describe pattern of small firms internationalization (Andersson, 2004). In Uppsala Model, they make the distinction between state and change aspect of internationalization variables. They argue that the present state of the firm is the important factor in explaining future changes and subsequent stages. The state aspects are represented by the firms market commitment to the foreign market and the market knowledge about foreign market and operations. The change aspect is seen as commitment decision and the performance of current business activities. The concept of market commitment is assumed to be composed of two factors: Firstly, the amount of resources committed, for example, the size of investment in the market (marketing, personnel, organization etc.); Secondly, the degree of commitment, for instance, the difficulty of finding an alternative use for the resources and transforming them to practice. Market knowledge is seen as information about markets and operations which is somehow stored reasonable retrieval in the minds of individuals inside the firm, in computer memories or in written reports. International activities require both general knowledge about market operations and market specific knowledge. Current business activities are the prime source of experimental knowledge for the firm. It could be argued that experience could be gained alternatively through the hiring of the personnel with experience or through advice from persons with experience. Commitment decisions depend very much on experience since they are a response to perceived uncertainty and opportunities on the market. Decisions to commit further resources to specific foreign operations will more often be taken if experimental knowledge increases. This implies that additional market commitment as a rule will be made in small incremental steps because its takes time to gain experimental knowledge about foreign markets. The Uppsala model concentrates on the gradual acquisition, integration and use of knowledge about foreign market. According to this model, lack of knowledge is an important obstacle in the development of international operations and such knowledge can be acquired mainly through operations abroad. The gradual acquisition of knowledge increase foreign commitments. The second gradual model distinguishes three dimensions of internationalization (Luostarinen, 1979). First is Product (P), which describes what in terms of the firms goods, services, know-how and systems. Second is the Operation mode (O) which relates to how firms operate such as through agents, subsidiaries, licensing and management contracts. Third is Market (M), which describes where in relation to the selection of markets and takes into account political, cultural and physical differences. The organizational capacity dimension was a later addition to describe organizational structure, resources, finance and personnel (Welch and Luostarinen, 1988). Nonetheless, neither gradual model addresses the issues of networking. The networking view concentrates on non-hierarchical systems where enterprises invest to support and monitor their role in international networks. Referred to as the network perspective, this research draws on the theories of social exchange and resource dependence, and emphases on firm performance in the context of a network of interorganisational and interpersonal relationships (Axelsson and Easton 1992). Such relationships can include customers, competitors, suppliers, private and public support agencies, and friends, family and so on. Organizational boundaries therefore incorporate both business and social relationships. The theory suggests three methods of internationalization: International extension, explains how a company initially establishes connections with networks in other countries; Penetration, the firms develops the relationships that arise from those networks, which is described as the penetration method; International integration, the time when the company integrates the networks in different countries. Based to this research, internationalization determined by on an organizations set of network relationships rather than a firm-specific advantage. Therefore, externalization (rather than internalization) occurs. The network approach offers a complementary perspective to FDI theory given the latter does not account for the role and impact of social relationships in business transactions (Granvetter 1985). Also, internationalization decisions and activities in the network approach appear as patterns of behavior influenced by various network members, while FDI theory assumes coherent strategic decision-making. The network perspective introduces a more multilateral element to internationalization (Johanson and Vahlne 1992, p.12). Interestingly, this perspective has evolved from Johanson and Vahlnes early work, and reflects their ongoing research exploring the management of foreign market entry. For example, their (1992) study of internationalization in the situation of exchange networks found that even if foreign market entry is the gradual process (supporting the Uppsala model), it follow from interaction, and the development and maintenance of relationships over time. These findings support Sharma and Johanson (1987), who found that technical consulting firms operate in a network of connected relationships between organizations, where relationships become bridges to foreign markets and offer firms with the prospect and incentive to internationalize. The International New Venture theory emerged in the mid-nineties in response to the recognition that many firms do not go along with the gradual models in their internationalization process (Etemad, 2004a; Kenny et al., 2004). These firms are called Born Global (Knight and Cavusgil, 1996; Rennie, 1993), whilst Oviatt et al., (1994) identify them as Global Start-ups or International New Ventures (INV) firms. This model focuses on the age and not on the size of the firms and suggests that the INVs retain unique assets and capabilities that enable firms with limited resources to venture faster into foreign markets. Furthermore, Coviello and McAuley (1999) argue the internationalization happens gradually. With his extensive study of internationalization, Gripsurd (1990) points out that there is a three-stage model describing how an organization develops its international business study. First, the organization starts as a potential exporter, where they do not yet have the opportunity to export any of their goods or services. During this stage, the organization is still producing and distributing its products in the domestic market. Moreover, in the second stage, the firm is known as a passive exporter, where it has the opportunity to export its goods or services. However, they only represent upon request; therefore, there is no self-initiative. To continue, in the third stage, the firm is known as an active exporter, when it is increasing export activities abroad. With respect to the explanations, it is clear that Bell (1995) and Gripsrud (1990) mainly focus on the idea that internationalization develops in a number of stages. It happens gradually, not just with a single movement. 3.1 Process of Internationalization There are six steps that have been used for understanding about the internationalization of the small and medium enterprises. This process is not mattered only for the small and medium firms but applied in larger firms as well (Moberg and Palm, 1995 in Jennie and Zetterwall). These steps involved respectively, why internationalization (motives), company situation (SWOT), what (product and service), where (market selection), how (entry modes), and when (point of entrance). 3.1.1. Find out motives for internationalization. When a company goes internationalization it is often driven by certain stimuli or stimulus. Sometimes external and internal pressure such as competition, excess capacity of resources and a small and decline home markets put pressure on the company for becoming international. Other time firms go international because they want to. They have a unique product that is not widely available from international competitors or a technological advance in a special field (Czincota Ronkainen, 1995). 3.1.2. Clearly define the current situation of the enterprise (through conducting a SWOT analysis). To enter a foreign market does not mean new opportunities, but also a totally new situation with new environment and cultures. To find out whether a firm is ready to meet and handle this new situation or not, a complete analysis of the company situation has to be done by using SWOT analysis (Thompson Strickland, 1995, in Jennie Zetterwall). Companys economy, production, personnel, marketing, international experience and language capabilities are some factors those must be analyzed into SWOT analysis (Moberg Palm, 1995 in Jennie Zetterwall). Potential markets and marketing environment have to be analyzed to find attractive opportunities and avoid environmental threats. 3.1.3. Decide on the product or service enterprise wish to integrate in this process. The success of the firm depends on its products offered and on how well the firm is able to differentiate the product or service from what the competitors offer. When a company enters in a new market it should start with a small share of the assortment, mainly quality products or already established products. 3.1.4. Select the right market to penetrate. When firm decides to enter foreign markets, the customers and market conditions are quite different from their home market. That stage firms need to enhance international marketing strategies considering different aspect of the marketing such as product, price, promotion, place, logistics, competition, and so on. The firms strategies decided, whether use to the existing product or develop a new product to serve the foreign market. A firm operating the international marketing should not only identify the product for different markets but should also develop suitable strategies for growth such products. Whether a single standardized can be offered worldwide or a customize product need to be develop for each market is the most significant product decision that firms has to do while operating in international markets. In the international market, decision related to quality, packaging and labeling of product require specific attention and consideration. Product strategy of the firm in in ternational markets is often influenced by cultural context (Joshi, 2005). Therefore, it is a responsibility of the manager/owner to know the taste and preferences of the customer in a target market, and formulate the product strategy according to the marketing conditions. Sometime color, size, and packaging of the product play vital role in the success of the firm (Joshi, 2005). 3.1.5. Decide on mode of entry. After the selection of the market has been done, the company has to decide how to approach the foreign market. A firm can, for example choose to sell directly to the final consumer, to sell indirectly through distributors and/ or agents, or to produce locally in foreign countries. The choice depend on factors such as, resource of the exporting company, the characteristics of the product, the goal of the internationalization, the distribution culture in foreign markets, and the number and demand of the customer (Czinkota Ronkainen, 1995). 3.1.6. Find the right moment to do it. Furthermore, a company has to determine when to enter the foreign market. The company must be sure that market is ready, that the company has enough resources and the right market channel and product for specific market (Moberg Palm, 1995 in Jennie Zetterwall). Meanwhile, Masurel and Montfort (2006) explored the changes between stages in the life cycle of small and medium-sized enterprises in the professional services sector. They distinguish four different, subsequent stages in the life cycle. 1. Starting; 2. Growth; 3. Maturity; 4. Decline. They found that the first three stages represent an increase in diversification in sales, increase in differentiation of labor force, and increase in labor productivity. In the last stage, the diversification in sales, differentiations in labor force, and labor productivity all drop. As growth as one crucial key in this life cycle, SMEs starts internationalization which has become more and more relevant to the competitiveness of enterprises of all sizes. Recently, SMEs that start with a global strategy can change swiftly to take advantage of cross-border activities, which offers chances not only for revenue growth but also the exchange of knowledge and the development of capabilities, thereby strengthe ning the long-term competitiveness of the firm. 3.2. The Models of Internationalization Tookey (1969) developed an early example of modeling progression through various steps, pre-dating the Uppssalla model; this involved the advancement of the firm from exporting, to international marketing and finally international business The behavioural approach of the Uppsala views internationalization as having four stages (Johanson and Wiedersheim-Paul 1975, Johanson and Vahlne 1977) while Bilkey and Tesar (1977) identify six steps, Aijo (1977), Cavusgil (1980) and Reid (1981) identify five, while Czinkota (1982) identifies six. Johanson and Wiedersheim-Paul (1975), Johanson and Vahlne (1977) Stage 1: No regular export activities; Stage 2: Export via agents; Stage 3: Establishment of a sales subsidiary; Stage 4: Production or manufacturing in a foreign market. Bilkey and Tesar (1977) Stage 1: Management not interested in exporting; Stage 2: Management willing to fill unsolicited orders but not effort made to explore feasibility of actively exporting; Stage 3: Management actively explores feasibility of active exporting; Stage 4: Firm exports experimentally to psychologically close county; Stage 5: Firm is now an experienced exporter; Stage 6: Management explore feasibility of exporting to psychologically distant countries. Cavusgil (1980) Stage 1: Firm sells only in domestic market; Stage 2: Pre-export phase, the firm searches for information and evaluates feasibility of starting to export; Stage: Experimental involvement, firm begins exporting to psychologically close country; Stage 4: Active involvement, exporting to more new countries, direct exporting and increase in sales volume. Czinkota (1982) Stage 1: The completely uninterested firm; Stage 2: The partially interested firm; Stage 3: The exploring firm; Stage 4: The experimental firm; Stage 5: The experienced small exporter; Stage 6: The experienced large exporter. Reid (1981) Stage 1: Export awareness, problem of opportunity recognition and arousal of need; Stage 2: Export intention, motivation, attitude, beliefs and exporting about exporting; Stage 3: Export trial, personal experience from limited exporting; Stage 4: Export evaluation, results from engaging in exporting; Stage 5: Export acceptance, adoption of exporting or rejection of exporting. 4. DRIVERS AND BARRIERS TO INTERNATIONALIZATION Drivers of Internationalization There must be some motivations behind the decision to go international. Leonidou, Katsikeas and Percy (1998) determine that organizations are typically willing to market themselves for four reasons. First, it may be due to slow growth in the domestic economy as evidenced by a reduction in the number of the home market opportunities. Consequently, an organization will look for other opportunities by entering new international markets (Chandra, Styles and Wilkinson, 2009). Second, there may be a trade deficit followed by currency devaluation and a number of export restrictions. Third, the world trading system may become more liberalized leading to a minimization of international market entry barriers. Forth, it might be more intensive global competition in the global business environment. All these trends have developed the dynamic of exports. The creation of exports is not only due to the self-initiative of a company, but also by the government. This is also confirmed by Gripsrud (1990) who suggests that the government of a country may believe their firms to think globally by expanding their service areas to foreign markets, due to the expectation of an increasing volume of exports from the country. Thus, it will help the economy of that country. Furthermore, OECD (2009) also analyzed motivations for small and medium-sized internationalization including growth motives, knowledge-related motives, network or stoical ties and domestic or regional market factors. 4.1.1 Growth Motives Growth opportunities associated with international markets were identified as a key driver of firm internationalization in several recent studies (Orser et al., 2008), (Rundh, 2007), (Barnes et al., 2006), (Reynolds, 2007). The possibility of growth in other markets and increased profit opportunities from international expansion were highlighted as key stimuli for exporting. Firms overseas venturing decision also seems to be motivated by a need for business growth, profits, an increased market size, a stronger market position, and to reduce dependence on a single or small number of markets. The growth motives is very closely linked to maximizing returns and minimizing costs in purchasing, production and sales. 4.1.2 Knowledge-related Motives Garvey and Brennan (2006) suggest that knowledge assets both push and pull SMEs into international markets. The push dimension pertains to the importance of managers previous international experience and related management capacity factors. There are also related findings on the internationalization triggering effects of knowledge aspects, including RD investment, innovation capabilities, unique product or technology, and language skills; and firm resource base, as indicated by such proxies as size, age, and experience. 4.1.3 Network or Social Ties and Supply Chain Links Camara and Simoes (2008) have highlighted the importance of network/social ties and supply chain links in triggering SMEs first internationalization step and extending internationalization processes. The research studies particularly reported the stimulating effect on export activity of firms soft assets, including social and network capital, some of which may have accrued through managers immigrant background and associated links. 4.1.4 Domestic or Regional Market Drivers There is also support from recent relevant research (Lopez, 2007), (Staoian, 2006) on the push effects of firms limited or stagnating domestic market on internationalization behavior. The enterprise differed significantly in their export tendency, with export propensity increasing in regions with less favorable domestic conditions, local incentives to export and good export infrastructure. Recent evidence from Chile and Indonesia further suggest a greater tendency to export among firms from sectors characterized by high levels of export intensity and presence of foreign buyers. The Indonesian finding on the importance of foreign buyers presence is significant as it reinforces the earlier observed need to boost SMEs role in global value chains through facilitating their integration into production or supply systems of foreign affiliates of larger firms (OECD, 2008). 4.2. Barriers to Internationalization In order to identify the term internationalization with the main focus of the thesis, Coviello and McAuley (1999) stated that not only large organizations, but also small and medium sized organizations, can become global. In addition, they also state that the international expansion of an SME is certainly useful when it comes to contributing to the economic growth and prosperity of a country. However, one thing that should be remembered is that not every SME is ready to expand into international markets. Despite the fact that they have small or medium sized organizations, there must be some factors and limitations in terms of finding global market opportunities. There have been a number of studies which have focused on the barriers to internationalization (Leonidou, 1995; Campbell 1994; Katsikeas and Morgan, 1994, Morgan 1997). The barriers to internationalization can be categorized into five broad areas: financial, managerial, market based (including both the domestic and international markets), industry specific and firm specific. It is widely acknowledged that barriers to internationalization can exist at any stage in the internationalization process (Morgan, 1997). Furthermore, the perception of the barriers can vary in intensity depending on the degree of internationalization of the individual firm (Burton and Schlegeliclch, 1987; Cavusgil, 1984; Kedia and Chhokar, 1986; Katsikeas and Morgan, 1994). 4.2.1 Financial Barriers Limitations in finance and related physical resources have continued to be highlighted as a leading barrier to the internationalization of SMEs. It including financial barriers in general (Campbell, 1994; Burpitt Rondinelli, 2000), resource availability ( Karagozoglu Lindell, 1998), cost of operating overseas (Bilkey, 1978), and limited access to capital and credit ( Buckley, 1989; Coviello McAuley, 1999). The pertinent evidence include the observed disadvantages faced by enterprises international new ventures or early-stage SME exporters, relative to their more established counterparts, in regard to accessing operating and term loans and the terms thereof. Lack of capital requirements and other firm resources and limited access to key infrastructure were also reported by SMEs. 4.2.2. Managerial Barriers Difficulties arising from limited managerial knowledge base emerge as a top barrier to SME internationalization in several recent surveys. Managerial barriers are including managerial attitudes (Andersson, 2000; Burpitt Rondinelli, 2000), lack of international experience and skills (Karagozoglu Lindell), limited management time (Coviello McAuley, 1999; Buckley, 1989), commitment, and partnership difficulties. Managerial risk perceptions and lac
Wednesday, November 13, 2019
Essay on Hotspur as Tragic Hero of Henry IV -- Henry IV Henry V Essays
Hotspur as Tragic Hero of Henry IV Ã Ã In Shakespeare's Henry IV Part One, the characters' many different conceptions of honor govern how they respond to situations.Ã Each character's conception of honor has a great impact on the character's standing after the play.Ã For instance, Falstaff survived because he dishonorably faked his own death, and his untrue claim that he was the one who killed Hotspur may get him a title and land.Ã On the other hand, Hotspur lies dead after losing a duel for honor.Ã Hotspur, who is in many ways the ideal man by the standards of his time, is killed by his lust for honor.Ã In creating Hotspur, Shakespeare has created a variation on the tragic hero of other works: the stubborn tragic hero, who, dying for his fault of honor, does not at last understand his weakness. Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã The fault of the classic tragic hero, hubris, is very similar to Hotspur's need for honor.Ã While hubris is excessive pride, the quest for honor can be viewed as the quest ( of the proud ) to get more titles and accolades, more things to be proud of.Ã In addition, Hubris and honor drive their victims to ultimate failure in a similar manner: Oedipus is driven to find out the truth about his origins by his own pride just as Hotspur is driven by his need for honor to fight against the odds.Ã Each fault is as inevitably dooming as the other: the quest for honor leads to greater and greater risks taken for greater and greater honors, and hubris leads to the acceptance of greater and greater risks as the proud hero cannot back down.Ã Thus Hotspur's need for honor is similar failing to hubris, giving him that characteristic of the tragic hero. Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Hotspur's standing in his society is very high: he is ... ...peare from other writers of the Elizabethan period and made his writings exceptional. Ã Works Cited and Consulted: Ã Bloom, Harold. Henry IV, Part One: Bloom's Notes. New York: Chelsea House, 1996. Ã Cruttwell,Patrick. Hernry IV. Shakespeare For Students, Vol. II. Detroit: Gale Publishing, 1999. Ã Kantor, Andrea. Henry IV, Part One. London: Baron's Education Series, Inc, 1984. Ã Princiss, G.M. Henry IV Criticism. Shakespeare For Students, Vol.II. Detroit: Gale Publishing, 1999. Ã Prior, Moody E. The Drama of Power: Study in Shakespeare's History Plays. Shakespeare For Students, Vol. II. Detroit: Gale Publishing, 1999. Ã Shakespeare, William. Henry IV, Part One, Penguin Books, Lim, Harmondsworth, Middlesex, England. 1987. Ã Wells, Stanley. Shakespeare: Life in Drama. New York: Norton & Company, 1995. Ã
Sunday, November 10, 2019
A Language Older Than Words
A Language Older Than Words Response Paper In the novel A Language Older Than Words, Derrick Jensen covers many different themes in the many chapters that he has divided his book into. The two chapters that really interested me were Breaking Out and Economics. The two themes that Jensen discusses is the relationship with the self and other as well as the monetary symbol in our society respectively. I was able to relate to both of these topics in different ways. In the chapter Breaking Out Jensen focuses on the image of the self and the relationship we have with each other.Jensen writes about how we are constricted to our own concentration camp in our society. It is not an actual concentration camp yet it is a concentration camp in our way of thinking and constructing the image of ourselves and our relationship as human beings. ââ¬Å"In a concentration camp, it is better (in terms of maintaining physical life; spiritual life is an entirely different question) to be the killer than th e killed, better to be a collaborator than a resister, a guard than a collaborator, a supervisor than a guard, and better still to be the boss (125). He states that having everyone act in his or her own best interest may not be the best interest for society in general. ââ¬Å"Part of the reason weââ¬â¢ve been able to convince ourselves that by exploiting others weââ¬â¢re acting in our own best interest is that weââ¬â¢ve accepted a severely constricted definition of self (125). â⬠Jensen speaks about how the image of our self is not the image that we should accept. We must break out of that concentration camp that society has constructed and create our own view of what type of individual we want to be without the help of society or the fear of society judging ones self.The quote that Jensen wrote about the concentration camp really strokes a chord in my head. My own analysis of this is that we are stuck as a society by always wanting to be the best and not looking out f or others. The mentality of all men for themselves has spread in our society. I was thinking we are always competing in life. Whether it is for a job or a spot in a class, we are always competing. This competition creates this mentality that it is better to be the killer than the killed.The constricted definition of the self that Jensen speaks about relates to the workbook from class. When it speaks about sexuality and how there isnââ¬â¢t just male or female when there are many different colors of the rainbow. As a society we shouldnââ¬â¢t have to be constricted to what they want us to identify with. We need to break out of our ââ¬Ëconcentration campââ¬â¢ and create our own identity without the help of society judging us. In the chapter Economics, Jensen writes about the fact that money rules all.He speaks about how everything in life turns into a money exchange. ââ¬Å"Iââ¬â¢d like three books, two packages of chicken McNuggets, and a blow to go, please. That which i t is possible to reduce to a commodity and sell, is. That which canââ¬â¢t, is either (by definition) devalued, ignored, or simply destroyed (139)â⬠. Jensen is trying to show the reader that everything has a relation to money. We need money in order to do the many things in life such as travel yet there are things that we donââ¬â¢t need money for. Hereââ¬â¢s the problem: in this tidy world of economic categories, thereââ¬â¢s no room for love, joy, mystery, for the sometimes confused and confusing, sometimes clear and clarifying, sometimes beautiful, sometimes magical suction of body on body, skin on skin soul on soul (139). â⬠How I see this quote is that Jensen is saying we are so consumed in getting more money that we donââ¬â¢t have time for the things that really matter in our life like love and happiness. I can see where Jensen is coming from. I think our society is stuck into thinking that money is a priority.I think it is important because we do need mon ey to survive yet we shouldnââ¬â¢t let money run our lives. The first quote shows how we see money as a constraint to happiness, love, and mystery. This reminds me of the discussion that we had in class on how we would like to travel the world when we graduate yet we are not able to because of the constraint of money and getting left behind in this ââ¬Ërat raceââ¬â¢. We have all these obligations one after another that we are not able to pursue the things we really want to.Jensen brings a lot of good questions to mind while reading his novel. He is not afraid to say what he believes is happening to our society even though it seems like our society is corrupt. His thought on relationships opens up my window to knowing how easily people can ââ¬Ëstabââ¬â¢ each other in the back in order to be the killer not the killed. His topic of money in our society shows how we are truly materialistic. We must give everything a dollar value and if it doesnââ¬â¢t have a dollar valu e then it is not valued. How much is happiness?
Friday, November 8, 2019
ACT Admission Requirements The Importance of the ACT
ACT Admission Requirements The Importance of the ACT SAT / ACT Prep Online Guides and Tips Getting ready to apply to college? If you are, Iââ¬â¢m sure youââ¬â¢ve heard of the ACT and/or SAT. If youââ¬â¢re unfamiliar with the basics of the ACT, make sure to learn about what the ACT is before continuing reading this article. Just how important is the ACT for your college applications? It is one of the most important pieces of your college application (if not THE most important piece). In this guide, I'll explain why test scores are a key part of your application and how todetermine the ACTadmission requirements for your targetschools. Why Is the ACT Important to Colleges? There are two main reasons for the importance of the ACT. #1: Your ACT Score Is How Colleges Compare You to Other Applicants While all college applicants come from different backgrounds, attend different high schools, took different high school classes, and did different extracurricular activities, all applicants will have taken the SAT and/or ACT (at least at non-test optional schools). Since all students have taken the ACT (or SAT), admissions officers use it as a sort of normalizer.Your ACT score shows college admissions officers if your GPA and transcript are accurate representations of your academic ability.If your GPA is high but your ACT score is low, admissions officers may think your grades were inflated.However, if you have a 4.0 GPA with a perfect 36 SAT score, admissions officers will likely be impressed and think your GPA is reflective of your academic potential. A high ACT score can also make up for a lower GPA.If you have a 3.0 GPA with a perfect 36 score, a college admissions officer may think your classes were too hard or that you simply matured and are now college ready as indicated by your ACT score. The ACT helps colleges compare you to other applicants. #2: Colleges Are Judged by Their ACT Score Ranges The ACTis so important to universitiesbecause admissions officersuse it tojudge your academic preparedness for college. However, yourACT score is also important to universitiesbecause if you're admitted, your ACT score will be incorporated into their annualACT statistics. Every year, colleges publish their freshman admit profile (see an example of Princeton's freshman admit profile).In this profile, colleges provide data on their admitted students.The data always includes either the 25th/75th percentile SAT/ACT scores (sometimes referred to as the middle 50%) or the average SAT/ACT scores of admitted students. However, more often, the 25th/75th percentile is provided instead of average score.The 25th percentile score means that 25% of admitted students scored at or below that score (and therefore 75% of admitted students scored above).The 75th percentile score means that 75% of admitted students scored at or below that score (and therefore 25% of admitted students scored above).The average score is just what it sounds like, an average of all the admitted students scores. The general public usesthis data to make judgments aboutthe selectivity of the school (the higher the ACT score range, the more competitive or ââ¬Å"betterâ⬠the public may think the college is). When you think of Ivy League schools such as Harvard, Dartmouth, Yale, you likely think, "Wow, those are good schools!" Why do you think they are good schools? You might think of their alumni or campuses. However, many lower ranked schools such as Denison have beautiful campuses and famous alumni like billionaire Michael Eisner. You might think Ivies are prestigious due to their low admit rates, but there are othercolleges with comparable admit rates tothe Ivies. The reason you most likely associate Harvard, Stanford and other top colleges with excellenceis due totheir published ACTscore ranges and their ranking. When doing research on applying to colleges, you likely sawthe US News World Report ranking of US colleges. Every year, US News World Report assembles their rankings based on several categories including the ACT scores of the collegeââ¬â¢s students.If you attend that college, your ACT score will be factored into that collegeââ¬â¢s overall national ranking in US News World Report. Top colleges such as Brown, Princeton, and Columbiawant your ACTscores to be top notchso that it reflects well on their school. Even "second tier college" such as Vanderbilt, USC, and Emory care about your ACT score for this reasonbecause these universities hope to continue to rise in theUS News World Reportrankings. How do you find out if your ACT score is good enough? Keep reading! What Does This Mean for You? Because schoolsvalue your ACT score so muchin their admissions process, you needto make sure that you have an ACTscore that fits their expectations. How canyou figure out what that ACT score expectation is? Do you rememberthose ACT score percentiles I mentioned earlier?As a quickreminder, schools publish an admit profile every year with either the 25th/75th percentile SAT/ACT scores (sometimes referred to as the middle 50%) or the average SAT/ACT scores of admitted students. Admissions officers use this ACT score percentile data as the score standard for applicants.Universitieswillbe looking to acceptapplicantswho are in or above this range (or at or above the average).That way the school is always getting the same or better caliber student (which means their rankings will either stay the same or increase). At PrepScholar, we recommend trying to get your score at or above the 75th percentile score for your target school to give yourself the best chance of admission. How To Find a Specific School's ACT AdmissionRequirements? Where can you find the 25th/75th percentile ACT score for your target colleges?I suggestchecking outour guide to finding your ACTscore for your target school first.The simple route is to Google Search for ââ¬Å"[College Name] ACT PrepScholar.â⬠That will bring you to our admissions page along with ACT score for your target school. Youââ¬â¢ll be able to read about the average ACT score, along with the 25th/75th percentile ACT scores of admitted students, and youââ¬â¢ll be able to use our nifty admissions calculator to determine your chances of getting into that school based on your GPA and SAT score. Write downthe 75th percentileACTscore listed onour admissions page for your target college.That should be your target ACTscore. What Can You Do To Improve Your ACT Score? Now that youââ¬â¢ve found out your target ACT score, what can you do to reach it?If you haven't yet started preparing for the ACT, start with our complete study guides for ACT Science, ACT Math, ACT Reading, and ACT English. The first step to reaching your score is practice! If youââ¬â¢ve already started preparing but are still seeing no improvement, consider changing your ACT strategy.Weââ¬â¢ve prepared many great ACT strategy guides. Read them hereand make sure youââ¬â¢re incorporating these strategies.NOTE: not all strategies will work for everyone. Try out these strategies on your ACT practice tests. Try to figure out what works for you and what doesn't work for you. If youââ¬â¢ve tried all of the strategies and are still seeing no improvement, you should consider hiring a tutor or trying PrepScholarââ¬â¢s program.Donââ¬â¢t worry! With the appropriate amount of time and effort dedicated, you should be able to reach your ACT score goal. Here at PrepScholar, we offer a 4 point increase guarantee. Do you not have time for a prep program? Are you taking the ACT this month?Check out our ACT 10-day cramming guide.NOTE: I highly recommend against cramming as time spent studying is important to help you achieve your score goal! Whatââ¬â¢s Next? Not sure where youââ¬â¢d like to go to college? Figure out how to find your target school. Worried about the rest of your college application? Weââ¬â¢ll help you write a great personal statement and get excellent letters of recommendation. Still not sure whether the SAT or ACT is right for you? Letââ¬â¢s help you pick the right test for you! Want to improve your ACT score by 4+ points? Download our free guide to the top 5 strategies you need in your prep to improve your ACT score dramatically. Have friends who also need help with test prep? Share this article! Tweet Dora Seigel About the Author As an SAT/ACT tutor, Dora has guided many students to test prep success. She loves watching students succeed and is committed to helping you get there. Dora received a full-tuition merit based scholarship to University of Southern California. She graduated magna cum laude and scored in the 99th percentile on the ACT. She is also passionate about acting, writing, and photography. Get Free Guides to Boost Your SAT/ACT Get FREE EXCLUSIVE insider tips on how to ACE THE SAT/ACT. 100% Privacy. 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